Independent Comparison

Best Brokersfor Options Trading

Find the right broker for your options trading in Germany. Compare fees, regulation and services.

9
Brokers Compared
100+
Hours of Research
2025
Updated

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Broker Comparison

9 brokers compared in detail

Top Pick
#1
Libertex logo

Libertex

4.9(2,847)
4.9
Rating
Regulation
CySEC
Min. Deposit
100 €
Fees
Commission only, Zero-Spread
Options Trading
Yes, over 300 CFDs

Pros

  • +Zero-Spread Trading
  • +Fast execution
  • +User-friendly platform
  • +4 more

Cons

  • -No BaFin regulation
  • -Mainly CFD trading
Read full review
Details
For Professionals
#2
Interactive Brokers logo

Interactive Brokers

4.8(1,823)
4.8
Rating
Regulation
BaFin, SEC, FCA
Min. Deposit
0 €
Fees
from €0.65 per contract
Options Trading
Yes, comprehensive

Pros

  • +Low fees
  • +Wide product range
  • +Professional platform

Cons

  • -Complex for beginners
  • -Inactivity fee under $100,000
Read full review
Details
Best Options Platform
#3
AvaTrade logo

AvaTrade

4.7(1,534)
4.7
Rating
Regulation
CBI, ASIC, FSA, FSCA
Min. Deposit
100 €
Fees
Variable spreads, no commission
Options Trading
Yes, AvaOptions platform

Pros

  • +Dedicated AvaOptions platform
  • +MT4/MT5 + AvaTradeGO
  • +Multi-regulated globally
  • +3 more

Cons

  • -Inactivity fee after 3 months
  • -No BaFin regulation
  • -Spreads higher than ECN brokers
Read full review
Details
Trading212 logo

Trading212

4.6(1,892)
4.6
Rating
Regulation
FCA, CySEC
Min. Deposit
1 €
Fees
€0 commission, tight spreads
Options Trading
Options coming soon

Pros

  • +No commissions
  • +Very low minimum deposit
  • +User-friendly app
  • +3 more

Cons

  • -No BaFin regulation
  • -Limited research tools
  • -No MT4/MT5
  • -Options not yet available
Read full review
Details
Public Company
Plus500 logo

Plus500

4.5(2,156)
4.5
Rating
Regulation
FCA, CySEC, ASIC, FMA
Min. Deposit
100 €
Fees
Spread-based, no commission
Options Trading
Yes, Options CFDs

Pros

  • +Very user-friendly platform
  • +Publicly traded company
  • +No commissions
  • +3 more

Cons

  • -CFD trading only
  • -No MT4/MT5
  • -Inactivity fee
  • -Limited research tools
Read full review
Details
LYNX Broker logo

LYNX Broker

4.5(1,247)
4.5
Rating
Regulation
BaFin, AFM
Min. Deposit
0 €
Fees
from €2 per contract
Options Trading
Yes, comprehensive

Pros

  • +German support
  • +Interactive Brokers technology
  • +Good educational resources

Cons

  • -Higher fees than IB direct
  • -Minimum activity required
Read full review
Details
German Bank
Consorsbank logo

Consorsbank

4.3(654)
4.3
Rating
Regulation
BaFin
Min. Deposit
0 €
Fees
from €4.95 + 0.25% of order volume
Options Trading
Yes, good

Pros

  • +German bank
  • +Comprehensive support
  • +Trader education

Cons

  • -Higher fees
  • -Less modern platform
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Details
German App
TradeRepublic logo

TradeRepublic

4.2(892)
4.2
Rating
Regulation
BaFin
Min. Deposit
0 €
Fees
€1 per trade
Options Trading
Limited

Pros

  • +Very easy to use
  • +German app
  • +Free custody

Cons

  • -Limited options selection
  • -Mobile only
  • -No complex strategies
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Details
DEGIRO logo

DEGIRO

4.1(567)
4.1
Rating
Regulation
BaFin, AFM
Min. Deposit
0 €
Fees
from €0.75 per contract
Options Trading
Yes, medium

Pros

  • +Low fees
  • +User-friendly
  • +EU-regulated

Cons

  • -Limited options strategies
  • -No phone support
Read full review
Details

How to Choose the Right Broker

The best broker depends on your individual requirements.

Top Recommendation

Zero-Spread Trading, fast execution and modern platform with over 350 instruments.

Libertex

For Beginners

Easy operation, good support and educational resources are more important than the lowest fees.

TradeRepublic, Consorsbank

For Active Traders

Low fees, professional tools and wide product range are crucial.

Libertex, Interactive Brokers, LYNX

For Security-Conscious

BaFin regulation, German bank and comprehensive deposit insurance are paramount.

Consorsbank, LYNX Broker

Important Notes

  • All mentioned brokers are regulated and offer deposit insurance
  • Fees may change - check current conditions on the broker website
  • Options trading often requires a suitability assessment

Ready to Start Trading?

Learn the basics of options trading before opening your account.